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To: dgivinvestor who wrote (29490)10/15/1998 9:50:00 AM
From: Bird  Respond to of 50264
 
I must say, your posts certainly run the full
gammut of viewpoint. I take it that you are now
accumulating.

Bird (Have a 10b-5 kind of day)

Rule 10b-5. Employment of Manipulative and Deceptive Devices.

It shall be unlawful for any person, directly or indirectly, by the use of any means or instrumentality of interstate commerce, or of the mails or of any facility of any national securities exchange,

a.To employ any device, scheme, or artifice to defraud,

b.To make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading, or

c.To engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person, in connection with the purchase or sale of any security.


law.uc.edu



To: dgivinvestor who wrote (29490)10/15/1998 9:52:00 AM
From: Ronaldo  Read Replies (2) | Respond to of 50264
 
You really think you could have sold 1mm shares for 8$?
Or 1/2 mm shares for 8$?
Or 250 K shares for 8$?
Or 125 K shares for 8$?
Guarantee that MM's would have tanked us before you can say "DGIVInvestor"

If you, and you associates, have 1mm shares you should take your case up to Mr. Chin, not to us.
By bringing your case to us you are trying to twist Mr. Chin's arm and scaring other investors.
For me, and some others, you are just a buying opportunity that might come true.
#50



To: dgivinvestor who wrote (29490)10/15/1998 10:07:00 AM
From: Charliss  Respond to of 50264
 
"When we hit $8 I was up about $4 million."

That would have bought a lot of bunny slippers. I shall have to keep you in mind when I go public.









To: dgivinvestor who wrote (29490)10/15/1998 10:14:00 PM
From: CoffeePot  Respond to of 50264
 
Trader sends market diving by leaning on keyboard
5:11 p.m. ET (2112 GMT) October 15, 1998

PARIS — Electronic trading may be cheap, but leaning on the keyboard can be costly.

A mystery plunge in the value of French 10-year bond futures on July 23 was triggered by a bank
trader at Salomon Brothers in London who accidentally and repeatedly hit the "Instant Sell'' button,
investigators said Thursday.

A wave of 145 separate sell orders sent the price diving on electronic screens.

"The disputed trades arose as a result of the prolonged, unintentional and inadvertent operation of the
'Instant Sell' key,'' said an investigation by computer software firm Cap Gemini and security group
Kroll Associates.

Salomon Brothers declined to comment on any losses.

almost as funny as this thread...............